NZ dollar falls amid broad US dollar strength ahead of inflation data
By Tina Morrison April 14 (BusinessDesk) - The New Zealand dollar fell amid broad US dollar strength ahead of American inflation figures, with soft economic data doing little to dent the greenback's rebound. The kiwi slipped to 69.18 US cents at 8am in Wellington, from 69.3...
Cavalier consolidates wool manufacturing plants to boost profits
By Tina Morrison April 13 (BusinessDesk) - Cavalier Corp, the carpet maker which is restructuring its business to boost profitability, will consolidate its manufacturing operations to Napier and Whanganui and close its Christchurch plant. The move is expected to cut a net 6...
Pushpay expects to reach $100M annual revenue target early; shares jump to record high
By Tina Morrison April 13 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, expects to reach its target of $100 million of annualised committed monthly revenue six months early as it expands its product offering and narrows its focus to larger customers. Th...
Michael Hill confirms plan to move primary listing to ASX
By Tina Morrison April 13 (BusinessDesk) - Michael Hill International, the listed jewellery retailer, confirmed it will go ahead with plans to list its shares on the ASX, given most of its operations are now based in its dominant market of Australia and its financial reports a...
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